N26 reviews

3.5

56% would recommend to a friend

(702 total reviews)
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Valentin Stalf

28% approve of CEO

39% positive business outlook

N26 has an employee rating of 3.5 out of 5 stars, based on 702 company reviews on Glassdoor which indicates that most employees have a good working experience there. The N26 employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

702 reviews
1.0
Oct 17, 2019

Worst company I've worked for

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lots of nice and hard working underpaid exploited colleagues who deserve way better.

Cons

N26 comes with the classic startup speech and "benefits": opportunity for growth, open space, no hierarchy and plenty of snacks and drinks. Understand corrupted processes, nepotism, strongly rooted unspoken hierarchy and political games. Career growth is for the ones who are friends with the "good people", rewards for performance and achievements are widely ignored, and so will you be if you dare reaching out to your manager when company-wide raise round time comes (in September). You'd get 10 appointments for your anmeldung before having a chance to talk about your performance with your manager, simply because processes are a facade to shut employees up when real things only happen behind the curtain. Pace is way too fast and colleagues are exhausted, working way too hard because C-level expects us all to work 200% everyday. As the CEO puts it in a Q&A streamed throughout all offices "it is not a company for lazy people, we [the two founders] work very hard every week to achieve our goals and we think everyone at N26 should work just as hard", shameless when facing employees paid on average 30% below the market (30K for analysts, roughly 38K for some Team Lead positions). Everyone is jumping off the boat, as company is doomed by greedy, unconcerned and disconnected management.

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N26 Response
6y
Hi. Thank you for sharing your feedback. We’re sorry to hear that you are having a bad experience with us and want to take the time to directly respond to your concerns. While our massive growth in 2019 was not without its challenges, it also came with the opportunity to introduce many new programs and processes across the business. Last year we rolled out a bi-annual promotion cycle, which allows our people to take ownership of their development in a structured and transparent way. This approach involves creating a development plan and seeking feedback from your stakeholders. The feedback allows for transparency in how decisions are made, and is intended to help you grow and develop in a way that fits your career path. We work closely with a number of salary experts and also with the market here in Berlin to ensure we are fully competitive in how we pay our staff. Our approach to compensation and benefits is driven to provide fair reward for every role. If you would like to discuss your feedback in more detail, we would love to hear from you. Please reach out to the People Team and we will set up some time for a discussion around this. We also have an external Speak Up hotline in place, for any confidential concerns you wish to raise.
1.0
Aug 23, 2019

Software engineer

Recommend
CEO approval
Business Outlook

Pros

Beer in fridge and coffee machine.

Cons

This company is built on layers of yes men on top of one another. Good and intelligent people get fired every other day and disappear because they are not yes men. EM in payments has a bunch of cronie followers and they are her hench men. You get fired if you irritate them or put a suggestion on their PR. Include couple of yes men in another teams you got full control over everything. You want to survive here, the thing to follow is say yes to everything they say, praise them for their intelligence. Say they are the best. Sometimes they get snarky and irritated, may be you touched his headphones accidentally may be you did not like his comment on slack. Apologize then and there. Else the next feedback session you might be fired or get a strong negative review. Some people are just plain racist. Just on your face. You say that you are offended, you get fired . You have no team spirit.

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N26 Response
6y
Thank you for your sharing your feedback with us. We are sorry to learn about your overall experience within N26. We strive to create a working environment and culture where all employees are treated with the utmost respect and equality. N26 and our People team take allegations and feedback like you’ve documented here very seriously. We have a number of resources and channels available to employees to have a confidential discussion when experiencing issues. We’d really encourage you to seek out our resources to help address these issues, and try to find a resolution. Details can be found on our intranet We26/Speak up guidelines.
2.0
Jun 30, 2019

The good days are over

Recommend
CEO approval
Business Outlook

Pros

- Modern Tech Stack - Catered lunch on Wednesdays - Team events and parties - Ambitious Goals and Targets - Fast Pace - International Environment - Supports Diversity and Inclusion - Training / Conferences Budget - Inter-team opportunities

Cons

Meritocracy out, politics in Contributors are now rewarded based on connections and fake feedbacks in a truly political game because most of the managers are either busy with meetings all day long or they are clueless about what is like to be a software engineer since they never used this hat. Lowered hiring bar In order to throughput more engineers to even out the metrics for the constant outflow of good engineers the hiring bar decreased considerably. N26 is a hiring factory rather than a software factory and of course, quality is sacrificed for the sake of quantities. Worry not, at the end of the day you are just another number in a spreadsheet. Non-competent people in key positions N26 developed a keen eye for putting the wrong people in key positions. This applies to all levels of the internal food chain (Tech Leads that have zero soft skills or don't know how to communicate with humans, Managers that just deliver Google Slides and book meetings, as well as engineers in principal positions that just use their title or former companies experiences to harass others that challenge their ideas and if one wants to bring value). If you like a political game and your surname are either Targaryen, Lannister or Stark, N26 is the place for you. Office Management Workspace is a joke. You see shiny pictures of fancy meeting rooms and dogs all over the place on the web. Dog-friendliness is accepted with rules. Fancy meetings rooms no longer exist and most of the people depicted in the photos are mostly former employees. In summer months, don't expect any Air Conditioning to bring the workplace to an acceptable temperature, but you can get a hand fan if you are lucky enough. (I said a hand fan, not a USB one). Side note: The Founders' rooms have individual AC units blowing up the hot air away into the engineers working area. Forget everything you know about ergonomics and posture since you are bound to sit in desk set in the common-agreed height as for your 2m or 1.60m tall colleague. Good luck with that. But I think now that correlates with the number of people asking for painkillers in the chat conversations. Pile of Tech Debt / Low Throughput Putting new software in Production is extremely slow. Obtaining the Pendulum of Doom in WoW a 10x faster/easier. That is due to environment instabilities that occur on a daily basis as well the cumbersome amount of paperwork and approvals required to do so. For a company that claims to be agile, that is unacceptable. Lower environments are playgrounds for engineers working in the platform. That translates into instabilities that impact every single team in the company every single day. Developer productivity is overall low, given the headcount.

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N26 Response
6y
We really appreciate your review. I'm sorry to see your frustrations while at N26. We want our employees to be happy in their careers. We wish you good luck in your new ventures.
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Glassdoor has 1,003 N26 reviews submitted anonymously by N26 employees. Read employee reviews and ratings on Glassdoor to decide if N26 is right for you.